Inventory Snapshot as of 2/09

My Broker sent this out to us and I thought I would share.  This gives a great overview on what the market in this area is doing. As you can see, properties are averaging over 110 days on the market. 

We hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date.

Housing Inventory Snapshot

Febuary  2009

 

Average List Price

Median List Price

Average Days On Market

District of Columbia (DC), DC

Single Family under $1M

$429,473

$360,000

125

Single Family over $1M

$3,498,161

$2,275,000

126

Condo/Townhome under $600K

$307,968

$290,000

127

Condo/Townhome over $600K

$1,275,927

$899,900

124

Anne Arundel County, MD

Single Family under $500K

$341,080

$340,000

146

Single Family over $500K

$1,059,776

$770,000

193

Condo/Townhome under $300K

$204,338

$220,000

129

Condo/Townhome over $300K

$502,736

$399,900

148

Baltimore County, MD

Single Family under $500K

$294,539

$280,000

144

Single Family over $500K

$918,681

$699,800

159

Condo/Townhome under $300K

$181,590

$179,900

127

Condo/Townhome over $300K

$453,452

$375,000

133

Baltimore City, MD

Single Family under $500K

$254,956

$239,900

143

Single Family over $500K

$841,916

$699,000

172

Condo/Townhome under $300K

$131,227

$124,900

149

 
 
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